January 30, 2017 / 10:37 PM / 7 months ago

BRIEF-QMX GOLD ANNOUNCES $2.6 MLN FLOW-THROUGH FINANCING

Jan 30 (Reuters) - Qmx Gold Corp

* QMX GOLD ANNOUNCES $2.6 MILLION FLOW-THROUGH FINANCING

* IS UNDERTAKING A NON-BROKERED PRIVATE PLACEMENT FOR AN AGGREGATE OF $2.6 MILLION FOR 8.6 MILLION COMMON SHARES

* OSISKO GOLD ROYALTIES LTD. HAS ELECTED TO INCREASE ITS SHAREHOLDING IN QMX BY ACQUIRING 5.7 MILLION SHARES OF OFFERING.

* INTENDS TO USE PROCEEDS TO CONTINUE EXPLORATION ACTIVITIES ON ITS VAL-D'OR MINING CAMP PROPERTY Source text for Eikon: Further company coverage:

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